Protecting retirement income
Almost half of U.S. households with investable assets are approaching retirement without any protected monthly income other than social security.2
The Alliance for Lifetime Income is a group of 24 of the leading financial services organizations in the U.S. We are committed to bringing awareness and educating Americans about the benefits of a protected monthly income.
Retirees face a variety of risks and challenges that can impact their income security.
A protected lifetime income strategy can enhance a diversified3 retirement portfolio and help to reduce risk to retirement assets. A reliable income source may allow your clients’ to invest more aggressively in other areas. TIAA and The Alliance for Lifetime Income offer strategies to help your clients’ employees protect and grow their retirement income.
Lifetime income is one of the foundations of retirement success
At TIAA, we view ALI’s work as a supplement to our education and advice programs. Learn more about how we can help you and your plan sponsors create a solid investment strategy that includes lifetime income and annuity options as part of their retirement plan.
1 Guarantees are based on the claims-paying ability of the issuing company.
2 Based on households in the 45- to 72-year-old age range with $75,000 to $1.99 million in investable assets, according to Alliance for Lifetime Income (2018 consumer survey and analysis of Federal Reserve data).
3 Diversification is a technique to help reduce risk. There is no guarantee that diversification will protect against a loss of investment or income.